iHeartMedia, Inc. (IHRT) Q2 Revenue Tops Consensus
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iHeartmedia, Inc. Reports Results for 2021 Fourth Quarter and Full Year
February 23, 2022 8:05 AM ESTNEW YORK--(BUSINESS WIRE)-- iHeartMedia, Inc. (Nasdaq: IHRT) today reported financial results for the quarter and year ended December 31, 2021.
Financial Highlights:
Q4 2021 Consolidated Results
Q4 Revenue of $1,062 million up 14% YoY; exceeding prior guidance of up approximately 10% Excluding the impact of Political, Q4 revenue was up 25% YoY Q4 2021 Consolidated Revenue up 3.5% vs. Q4 2019 GAAP Operating income of $123 million increased 9% vs. $113 million in Q4 2020 Consolidated Adjusted EBITDA of $294 million increased 11%... More